HCI Stock Recent News
HCI LATEST HEADLINES
HCI Group has seen strong growth in written premiums and earnings, with in-force premiums reaching $1 billion in Q1 2024. The company has improved operational efficiency and experienced significant growth in net income and diluted EPS. HCI sees a positive outlook for the insurance industry and is expected to continue expanding its business and benefiting from market conditions.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
TAMPA, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, announced today that it has completed its catastrophe reinsurance programs for the 2024-2025 treaty year, which runs from June 1, 2024 through May 31, 2025.
Here is how HCI Group (HCI) and Jackson Financial (JXN) have performed compared to their sector so far this year.
Better pricing, prudent underwriting, increased exposure, favorable reserve development and a solid capital position help PGR, RLI, HCI, PLMR and PRA withstand blows from catastrophe events.
HCI Group (HCI) is well positioned to outperform the market, as it exhibits above-average growth in financials.
HCI Group (HCI) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
HCI Group (HCI) is well positioned to outperform the market, as it exhibits above-average growth in financials.
HCI Group (HCI) first-quarter results reflect better performance at Homeowner Choice and TypTap Insurance Company, partially offset by a decrease in net investment income and higher expenses.
The headline numbers for HCI Group (HCI) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.